The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.

-Refer to the above table.Assuming that 2016 is the base year,what was the GDP deflator in 2017?
A) 102.3
B) 109.5
C) 111
D) 115

Question

The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.
 
-Refer to the above table.Assuming that 2016 is the base year,what was the GDP deflator in 2017?
A) 102.3 
B) 109.5 
C) 111 
D) 115

Quizplus · Accepted Answer

The Answer of The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.
 
-Refer to the above table.Assuming that 2016 is the base year,what was the GDP deflator in 2017?
A) 102.3 
B) 109.5 
C) 111 
D) 115

The Country Described in the Table Below Produces and Consumes